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Property profile

0 Sec Eagle Rd & Amity Rd Meridian, ID 83642

OFF-MARKET
Mixed-use properties
26,615 SF 0.5 ac lot

Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire prime commercial land in the thriving South Meridian area of Ada County, Idaho. Located at the southeast corner of Eagle Road and Amity Road, this mixed-use property boasts a total area ranging from 26,615 to 29,708 square feet, situated on a lot size between 0.5 and 0.68 acres. The property is zoned C-N Neighborhood Business District and MU-N Mixed Use Neighborhood, allowing for a diverse range of commercial development possibilities. The land value, priced between $14 and $16 per square foot, reflects the significant potential for return on investment in this rapidly growing area. This location benefits from its strategic placement within an 87-acre community encompassing 675 homesites, ensuring a robust and expanding customer base. Furthermore, its proximity to established amenities such as the Boise Ranch Golf Course, Lake Hazel Elementary and Middle Schools, and Hillsdale Elementary School adds to its appeal and enhances its potential for attracting businesses and residents alike. This is a unique chance to capitalize on the underserved commercial sector of the Treasure Valley, with the potential for significant long-term growth and profitability. The property's size and zoning flexibility make it ideal for a variety of commercial ventures, offering a compelling investment opportunity in a highly desirable location. The zip code is 83642.

Property profile

Verified
Property type Mixed-use properties
Total area 26,615 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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